2020 is expected to be an impactful year for the cyber security of all businesses. If we look back at 2019, there are countless cyber-attacks enterprises faced. Having said that, even if cyber security has been so prominent in various industries, it will not make businesses strong. Although security concerns are on the rise, that certainly does not mean enterprises can just stick to one strategy. Each new year brings new challenges, threats, incidents, and risks for enterprises. Each cyber security testing company has to gear up while keeping in view the upcoming cyber security trends.
Let’s have a look at trends for cyber security in 2020:
Deepfakes:
Deepfake threat is one of the cyber attacks that have affected businesses tremendously. Deepfakes can be used for business fraud and it is expected that it will rise in the future. According to Forrester Research, deepfakes may cause businesses more than a quarter of billion dollars. As they continue to improve, cyber-criminals will have more access to critical business information. A similar report states that a ransomware attack on a system may be so severe that it could cause disasters that can only be mitigated by involving the federal government. The report adds that such an attack would also throw light on the government’s role in helping firms recover from cyber-attacks.
Phishing Attacks:
Phishing attacks will continue to rise and researchers predict that cybercriminals will use test-based SMS and phishing to identify theft techniques to target consumers who participate in online communities. Thus, enterprises should invest in a reliable cyber security testing company to be prepared for threats by malicious attackers.
How Enterprises Should Prepare for Threats in 2020
When there are so many threats, enterprises should keep exploring strategies that will work for them. Enterprises should strengthen its cloud security with cyber security priorities. It is difficult because cloud security standards are still evolving. Enterprises should drive collaboration with their vendors and should be prioritized.
When talking about addressing the growing threat of deepfakes, firms need to create anti-deepfake protocols. Enterprise employees should learn and understand common social engineering to strengthen defenses. Firms should embark on providing their employees with a robust security awareness program.
Bridge the Cyber Security Skills Gap
The biggest threat to the future of cyber security may be the skills gap. In 2019, companies declared a shortage of cyber security skills within their organizations. Unless there are more people signing up for cyber security roles, enterprises will have to face cyber-attacks in the future.
Security testing companies help organizations in improving their security posture. They devise security strategies to find system and application vulnerabilities before malicious attackers can take advantage. In 2020, there is a rise expected in cyber attacks across various industries. Thus InfoSec experts should place the right strategy to secure their businesses. A robust security awareness program can also help to stay ahead of the black-hat hackers.
